Whirlpool CFO Roy Templin to Retire; Larry Venturelli Named to Succeed
Whirlpool Corporation, a leading manufacturer and marketer of major home appliances, has announced that Roy Templin, executive vice president (EVP) and chief financial officer (CFO), will retire. As part of the planned transition, Templin will remain in his current capacity until April 2012 to complete Whirlpool’s year-end reporting and other transitional items. At that time, Larry Venturelli, currently senior vice president (SVP), corporate controller, chief accounting officer (CAO) and CFO for Whirlpool International, will succeed Templin as EVP and CFO.
Venturelli joined Whirlpool as assistant corporate controller in 2002. He was promoted to vice president, investor relations in 2004; to vice president, controller and CAO in 2006; and to vice president and CFO for Whirlpool’s North America region in 2008. He was named SVP, corporate controller, and CAO and CFO for Whirlpool International in 2010. Prior to joining Whirlpool, Venturelli held various financial positions at Royal Caribbean Cruises, Campbell Soup Company and Quaker Oats. Venturelli earned a master’s degree in management from Northwestern University’s Kellogg School of Business and a bachelor’s degree in accounting from DePaul University.
Templin was named EVP and CFO in 2004, and previously served as corporate vice president and controller.